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the country needs. today we heard president obama's response to the proposal that house speaker john boehner put on the table yesterday. >> the speaker's proposal right now is still out of balance. >> of out of balance. kind of similar to what republicans said last week when the president sent over his terms. so now what? will they sit down and talk it through? well, not according to at least one senior republican aide who told cnn today, no conversations today, no e-mails, tweets, carrier pigeons. as for boehner and obama, they actually did see each other in person at the white house holiday party last night in black tie. while other lawmakers waited in line to get the photo with the president, multiple sources from both sides of the aisle tell cnn that boehner wasn't among them. so much for holiday cheer. we have this picture. we're wait fworg the day there's a fiscal cliff. there wasn't total silence in washington today. senate majority leader harry reid spoke up. but in his case, in the form of a swipe. >> i sympathyize with john boehner. the key party has a firm grip on the republican p
: house speaker john boehner coming out on top. what was the intra party skirmish all about? we have the answers. a big seat to fill, they call him the king maker. conservative senator jim demint calling it quits who. will step in and what the change will mean for the next congress. if you're looking for an out of this world vacation, yes, you can have it literally, a trip to the moon for two, we are guessing it is all-inclusive, the whole story and the stunning price tag, all "happening now." good morning to you on this friday, the jobs numbers are in for november. i'm jon scott help the. >> reporter: i'm heather wheuld dreshelp the heather childress in nor jenna lee. >> it had more stimulus spending than it had in cuts and an indefinite, infinite increase in the debt limit like forever. four days ago we offered a serious proceed proceeds albased on testimony of president clinton's former chief of staff. since then there's been no counter offer from the white house. instead reports indicate that the president has adopted a deliberate strategy to slow walk our economy right to the ed
is going to give and what his client's not going to give. we all know john boehner. john boehner's a deal maker. i didn't -- i liked him personally, but i never trusted him in congress because, you know, he liked making deals. that's what we need right now. the president can only push him so far. or he loses his caucus. and this is not about john boehner kicking and screaming. this is about him knowing what he can deliver. >> i understand that. john boehner has, and eric cantor and a paul ryan problem, he's got to keep them on board as his key guys. he can only go so far. i would guess that they're the ones holding the pen when he wrote, "i will not raise rates" in that letter he sent to president obama. but the problem is, we can agree or disagree with the president's position. i honestly take the president at his word. i do not believe there will be a deal here without some increase in tax rates for the top 2%. it doesn't have to be all of it, but some of it. i think the president has changed his tune a bit from the way he's handled some of these other negotiations. and take everything
said he can't be serious. >> john boehner finally puts a plan on the table. >>> and breaking news the middle class gets the shaft. richard wolffe and molly ball on the republican political theater and the white house response. >>> bob costas issues a common sense plea for gun control in the wake of the kansas city chief murder suicide story. and the right wing just explodes. >> bob costas based on the standards of our society today deserves to be fired for these remarks. bill roden and dan gross respond. >>> corporate profits break records again in the third quarter. we'll tell you what it means for workers. >>> just when you thought it was too early for a horse race -- >> we haven't heard the last of hillary clinton. >> -- i'll ask michael if this was the first campaign video for decision 2016. >> good to have you with us, folks. thanks for watching. john boehner is hanging on to their ideological hats. the latest attempt to change the conversation is a plan the american people rejected a month ago. the republican counteroffer to the white house plan relies on $800 billion. the p
the way. this is a two man deal now president obama and the house speaker john boehner. at least publicly john boehner is not sounding confident. >> he is not. he was very pessimistic and came out and told reporters is he still frustrated that president obama has not responded with some sort of a counter proposal to the republic debt plan that was put on the table. he basically is saying that these talks are still going nowhere. this isn't a progress report because there is no progress to report. when it comes to the fiscal cliff that's threatening our economy and threatening jobs. the white house has wasted another week. >> one sign of optimism is when he was pressed by a reporter about tax rates, he seemed to leave the door open about some flexibility of negotiating with the white house. vice president biden said while rates have to go up it's negotiable what exact rate it is. whether it goes all the way up to the top rate to 39.6 like the clinton days. it seems like there is wiggle room on both sides. that may be where we get a deal if these two sides get together next week, shep. >> s
it be known that the president and speaker john boehner had talked on the phone. but at the same time treasury secretary tim geithner told cnbc that president obama is prepared to take a dive off the so-called fiscal cliff if republicans don't agree to tax hikes on the richest americans. and so we welcome peter alexander, at the ranks of the white house correspondents, with a look at all of it. >> reporter: brian, good evening, on the north lawn, the phone call marks the first time speaker john boehner and the president spoke in a week, that is hardly something to celebrate, but they wouldn't characterize what they discussed in the phone call as the country barrels towards the fiscal cliff. with no talks and no progress to avert the looming fiscal cliff, you could say the house has left the building, streaming out of the capitol. tomorrow's session cancelled. with only three work days left this year, they are often criticized. just 16 votes. across the country, rising frustration, americans asking why the holdup. and what will their taxes look like in 2013. >> maybe instead of getting my siste
this before, balance is in the eye of the beholder. john boehner would say this is a balanced approach, we're putting revenue on the table as well as entitlement cuts. president obama seems to be indicating balance means getting more from the wealthy and likely to mean raising rates. as he said today and prior to today, the math doesn't add up if you simply close loopholes, cap deductions, do those sorts of things. we're sort of where we always have been. it's where we have been for several years at least when it relates to congress and the president simply not being able to resolve what are fundamental differences. we talked about this before the election, andrea. the election was supposed to tell us something about what the american public wanted. president obama did win the election. you know, an event has happened as part of the many months where the public comes down on this. >> luke russert, john boehner did yesterday come out with their proposal, the house proposal. is that a nonstarter or move the ball a little bit? >> i would say it's a nonstarter for the white house, but it moves
. president obama, house speaker john boehner met face-to-face at the white house today to try to prevent the fiscal cliff now just 23 days away. we don't have any details on their conversations, but reps for both sides say the lines of communication remain open. meanwhile, at least four republican senators now support a tax hike on wealthy americans. here is senator tom coburn of oklahoma. >> the fact is we're spending money that we don't have on things we don't absolutely need, and there's no grown-ups in washington that will say time-out, stop the politics, let's have a compromise rather than continue to play the game through the press and hurt the country. >> more on this story in just a few minutes with our senior political analyst, david gergen. >>> a half million dollars, that's the bond set today by a judge near dallas for cowboys nose tackle josh brent. he was behind the wheel in a car accident this weekend that killed teammate jerry brown, jr. police believe brent was drunk when he flipped his mercedes yesterday morning. >>> we have an update to last week's tragedy in kansas cit
john boehner not so optimistic. >> this is not a progress report, there is no progression to report. report. >> reporter: he blasted for not offering a counterproposal to his plan and they seemed more than ever going to stop the tax increase. economy shrugged off hurricane sandy to create 146,000 new jobs, nearly double what forecasters had said, job creation for september and october was revised downward by a total of 49,000. another 350,000 people were so discouraged in november they simply stopped looking for work and left the labor force, which is why the unemployment rate dipped to 7.7%. >> raising taxes on small businesses is not going to help our economy and it's not going to help those seeking work. i came out the day after the election to put revenues on the table. take a step toward the president to try to resolve this. when he is going to take a step toward us? >> analysts say anxiety over the higher taxes from fiscal crisis is a reason that consumer confidence plunged in december. thompson reuters dropped to 74.5 in the consumer sentiment, lowest level since august. vice
, and risk defaulting on its loans early next year. house speaker john boehner today said, quote, we don't have time for the president to continue shifting the goal posts. we need to solve this problem. danielle lee now joins us from capitol hill with more on this story tonight. danielle? >> reporter: jim, good evening. we're just now learning that president obama spoke to house speaker john boehner by phone this afternoon. but we're not hearing of any progress on avoiding the fiscal cliff or on raising the nation's debt ceiling which is currently at $16.4 trillion. there are new concerns about what could happen to the country's credit rating in the new year. each day toward the fiscal cliff is also another day closer to the country maxing out on its borrowing limit. president obama talked to business leaders today. >> the only thing that the debt ceiling is good for as a weapon is to destroy your credit rating. >> reporter: he's worried republicans may re newsto raise the country's debt ceiling to get their way on spending cuts and risk defaulting on the country's loans. >> that is a ba
speaker john boehner. both are still sticking so their separate plans. the president raises taxes on the top 2% to raise 1.6 billion in revenue while the gop wants to close tax loopholes to raise half as much. >> there are ways to limit deductions, close loopholes and have the same people pay more of their money to the federal government without raising tax rates. >> we can probably solve this in about a week. it's not that tough. but we need that breakthrough that says we need to do a balanced plan. >> the white house says they are also concerned that republicans may use the debt ceiling, which will need to be raised early next year, to get their way on tax and spending cuts. the pentagon is also preparing to make cuts if no deal is reached. the preliminary plan is to cut $500 billion in programs. the pentagon spokesman says it could force them to abandon their new military strategy. it's also likely to affect spending and military weapons. >>> melissa with some breaking news. >> at least five people have been killed in clashes in cairo overnight. we're now hearing at least 500 p
john boehner, has there been any follow-up that we know of? are they talking on the phone? are they gearing up for an actual meeting? john boehner staying in town while this crisis continues. >> repr: that's right, lf. he is. and we are told that no additional calls, no further discussions that we are aware of. hat came after a lot of criticism on the white house that the president was not negotiating face-to-face with john boehner. but what we're seeing here is this sategy that the president hashere instead of sitng down with republicans, he takes his message outside of sort of inside the beltway or brings people to the white house. you've seen him sitting down with middle class americans also bringing ceos and small business owners here to the white house. that's what he is using to put pressure on congress to get a deal. >> yeah. let's see if he invites the speaker to come over to the white house and put some pressure on him. >> reporter: that's right. >> see if they can -- what they can do. as we all know, that clock is ticking. dan lothian, thanks. let's dig deeper wi
speaker john boehner did not say that is drawing attention tonight. when questioned by reporters yesterday, boehner would not comment on whether there is room for compromise on the president's demand for higher tax rates, on high income americans. boehner and the president spoke by phone this week, but in public comments, appear to have no -- made no progress. >>> same sex couples are finally getting their day in court. this time, the u.s. supreme court. justices have decided to hear two constitutional challenges to federal and state laws. one case involves the federal defense of marriage act, which denies federal benefits to same sex couples legally married in their own state. the other is a challenge to california's prop 8, which took away the right of same sex marriage that had been previously approved by state courts. >>> florida governor charlie crist completed his political transformation. crist was elected governor as a republican in 2006, then later ran for the senate as an independent. he campaigned for president obama, and spoke at the democratic national convention. he's now off
of john boehner and plan. those tea party-backed conservatives say this is something that would help job growth. clearly what we're seeing here is republicans are not speaking with one voice. >> republicans should not be conceding that the federal government needs more money, negotiating with ourselves and treating the president's proposal like it's serious. >> we do agree that 8% of the american people are getting about 80% of this tax cut shouldn't have their taxes raised. my suggestion was let's take the one area we agree and take it off the table. >> but zoraida, as you saw there from the president earlier in that bloomberg interview, he is digging in, saying there can't be a deal unless upper income americans pay more. middle-class americans should get the bush era tax cut extension. is he not backing down from that at all. the president saying in that interview that he's not being stubborn. he's not being partisan but rather that it's, quote, a matter of math. >> we've been talking now for a while that americans blame republicans if a deal doesn't go through. new polling shows amer
in additional spending, what part of this plan is a balanced or bipartisan approach? >> i bet john boehner things the grand bargain was good deal last year. the chicken question is john boehner having to blink. president was able to get $1.6 trillion because it's coming from the increase on wealthy americans. we don't want 98% of americans tax rates to go up in the name of saving tax rates for the wealthy. so that is going to increase on wealthy americans, 60% of americans overwhelmingly support. the president won this election fair and square. american voters are clear on the mandate and support an increase in tax rates to balance this budget. >> that is not true. for the bush tax cuts to expire and top 2 percent even most generous estimate that is $90 billion more in revenue. not $1.6 trillion more in revenue even over ten years. even if you accept that larger number, the deficit is $1.5 trillion so, even if the republicans raise the you are giving $90 billion. where are you going to get the rest of it? it will have to come from entitlement reform and meaning spending cuts. >> it's comin
on chiapitol hill which is why so many have gone home. we know that president obama and john boehner spoke by phone. republican sources telling us they had a conversation yesterday. we don't have a readout on what that was about. we don't know that if any meetings have been scheduled. but any small sign of progress is welcome here on capitol hill. now with so many lawmakers headed home and likely to face the ire of their constituents, we saw one protester in baltimore yesterday over social security. there are a few left. today there's a joint economic committee hearing. they're going to hear from a top economist not only about the jobs numbers coming out tomorrow but also about what can be done to avoid this issue at the end of the year. >> tracie potts for us in washington. thank you. >>> last night on the ed show, steny hoyer explains why he thinks the debt ceiling vote should be taken off the table. >> the debt ceiling is a phone y vote, frankly. and from time to time democrats have made it an item that they demagogue down and the republicans have demagogued on it, as well. the debt lim
. >> democrats are pushing back. more than 100 house members signed a letter they sent to john boehner saying take social security off the table. wolf? >> thanks very much. let's get to the strategy session. joining us, cnn contributor, republican strategist, alex cost tee and owes. also joining us, a clean shaven young man, obama campaign senior adviser david axelrod. >> newly shaven. >> we need to see some id. >> looks very handsome, don't you think? >> younger. >> younger, thinner. get to that in a moment. social security, should that be on the table now or not? >> i think republicans are saying look, let's put everything on the table. some support means testing, if you're above a certain income that maybe you don't need to take social security when we all think the program is going to be in serious trouble down the road. very few people supporting a growing base of people that are on social security. so to keep it strong, maybe it is something we should look at. >> right now? >> right now i think we have more urgent things to do. that's certainly something -- it is something to commit to
. >> jeff: back in washington president obama and house speaker john boehner did meet at the white house this afternoon. for more talks on the fiscal cliff. details were not released but both sides say lines of communication remain open. on face the nation erskine bowles co-chair of the bipartisan deficit commission told bob schieffer he's a bit more optimistic than he was a week ago. >> we were going through the cab ukee theatre, one side making an offer, the other rejecting it and that is pretty natural in any deal. but you know, they've started to tango now and you know any time you got two guys in there tangoing you got a chance to get it done. >> meanwhile urging both sides to get this done jeffrey immelt chairman of general electric spoke to charlie rose. >> i would say the business community almost universitily speaks with one voice that this needs to get done and get done now. and moving it to next year is just failure. >> jeff: you can see the full jeffrey immelt interview first thing tomorrow on cbs this morning. >> big business is to the alone in wanting to avoid the fiscal cl
than a month away. >> house speaker john boehner and -- may be willing to take the plunge. doug luzader has more. >> the white house is drawing one line in the sand after another. republicans will give in as we approach the end of the year. >> we can solve this in about a week. it's not that tough. >> the president speaking to business leaders in washington. saying he is willing to make a deal. but his point man on fiscal cliff negotiation struck a much different tone. if republicans don't but specifically tax rates on upper earners the white house is ready to go right over the cliff. >> we see there's no prospect to an agreement that doesn't involve those rates going up on the top 2%. >> largely backs the president on those rates. 48% support the plan to raise them on upper earners compared to 32% of leaving rates unchanged. when it comes to government spending, the gop has the edge. to help balance the budget, spending cuts should take precedence over tax hikes, 46 to 30%. and leaders in congress who met with business leaders say they have already offered to raise tax by cutting deduc
geithner, but john boehner in an exclusive interview at the top of the hour, these are the two point men. boehner representing house republicans and any bill is going to have to get through them and geithner representing the president. you're exactly right. when geithner presented his plan to mcconnell, mcconnell says he burst out laughing and boehner you'll hear at the top of the hour, one of the words he uses is flabbergasted. what they were shocked at not that the president was going to call for more tax increases, he campaigned on that, but he came in with such a small set of spending cuts, about 600 billion dollars total in entitlement cuts and spending cuts and also had a demand that congress would give up any say from now on forever in raising the debt limit, which of course has always been a tool of congress, both democrats and republicans have used to oppose the president's policies or to demand if you're going to raise the debt limit increase spending cuts as well. boehner said there's absolutely a nonstarter. they're in a stalemate and nowhere and i guess the question is, with
is. as i mentioned last night, before the election john boehner proposed that revenues could be raised by this much. that's the pile of money there. after the election, which his party lost, he's now offering post-election this much new revenue. so his offer since losing the election got worse. that new offer came in a new outline of proposals that the republicans sent to the president in a letter yesterday. it's a plan that they describe in their letter as "a fair middle ground." here's what they consider a fair middle ground. we did this in chart form today. because it turns out it's really simple. and looking at it this way makes it simple. here's what they are offering. on the side of what the republican republicans get, the republicans get the tax rates they want, the medicare cuts they want, the trillion dollars in spending cuts president obama agreed to, hundreds of billions in additional cuts, ending the payroll tax break, ending jobless benefits and they get the opportunity to create a new debt ceiling crisis in a few months. that's on the republican side, what the r
, president ratcheted up the lesh on john boehner. >> no one wants to have this done more than me. >> reporter: telling agencies to watch for massive spending cuts from going over the fiscal cliff and warped the business exectives the economy could take another hit if the republicans decide to extend the middle class tax cut to avoid the cliff for now. then come back with more leverage. to tie it to a hike in the debt ceiling. >> we are 23409 going play that game next year. if congress in any way suggests that they are going to tie negotiations to debt ceiling votes, take us to brink of default again, i will not play that game. >> republicans held their own meeting with small business owners denying they're trying to punt. >> i'll be here and available at any moment to sit down with the president to get serious abouting the problem. >> they noted the president has not scheduled any meetings with the g.o.p. leaders in weeks. not offered any counterproposal to boehner's plan from last week. >> a balanced approach the president has been asking for. now we need response from the white house. >> re
are hearing the president and house speaker john boehner actually talked by phone not too long ago. >> that's right, harris. we confirmed that there was a phone call between the two leaders this afternoon. no major progress but i'm told by one aide briefed on the call, this is more than they have done in a long time. so, maybe it's something they can build upon. but the bottom line is the president added somewhat of a new wrinkle today because he doesn't just want to deal with the spending and tax issues on the table and the so-called cliff, fiscal cliff, he also wants to deal with raising the debt ceiling which caused so much controversy a year and a half ago. take a listen to the president today. >> if congress in any way suggests they are going to tie negotiations to debt ceiling votes, and take us to the brink of default once again, as part of a budget negotiation which by the way we have never done in our history until we did it last year, i will not play that game. >> now, republics may not want to include the debt ceiling extension lifting that ceiling in these negotiations because t
speaker of the house john boehner and the democratic president in the white house, barack obama. in the end that's where the deal is going to come. we're going to have to get his guys to vote with him, as well as nancy pelosi, who is the democratic leader. kind of pushing from what he wants. there were a lot of republicans who were not 5u8 that pleased with it saying he ought to be back here. there were some democrats that thought she -- right now where are we? we are almost a month after the election, the fiscal cliff we've been talking about since this summer. they put it off until after the election, and we're now a month past it, and we are finding that democrats describe the two sides as very far apardon. >> absolutely. one guy who has been pretty busy is treasury secretary tim geithner. i know you're going to have an interview with him on your show this morning. we look forward to that, candy. nice to see you on this sunday. >>> keep it here for "state of the union." it starts in about eight minutes at 9:00 a.m. eastern time. once again, you'll find that interview with tre
're nowhere, period, we're nowhere. >> that somber assessment today from house speaker john boehner, as geithner, the point man, went on all five sunday talk shows, cnbc, washington correspondent aman javers joining me live now. did geithner offer anything new today? >> he really didn't. he thinks the republicans are bluffing here and they are not prepared to go all the way to the mat here on behalf of tax cuts for the rich. they think at the white house they've got their republicans backed into a political corner here, and they are really pressing their advantage hard. you saw this sort of breathtaking offer by the president of the united states last week when he offered basically to include $ 50 billion of new spending at a time everyone else thought we were having a debate about spending cuts here. the president feeling he has the upper hand here in the negotiation and that's what geithner is doing on his behalf up on the hill. >> the white house said they are not going to put forth another plan until republicans bring something to the table. the president was in pennsylvania at
through the senate. the question is, i feel almost sorry for john boehner. there is incredible pressure on him from a base of his party that is unreasonable about this, and he's got to decide, is his speakership more important, or is the country more important? and in some ways, he has got to deal with this base of the republican party who grover norquist represents, and, you know, everybody's elevated grover -- i met him for the first time this morning. nice to meet him. but who is he? why is he this guy that has captured so much attention in this? let's talk about our country and -- >> but, senator, let's also talk about spending. again, you talk about 1993. president clinton cutting upwards of $250 billion from defense. name some specific programs that ought to be cut that would cause pain in terms of the role of our government that democrats are prepared to support. >> well, i think you can see more cuts frankly and a lot of us voted for more cuts in the farm program. $23 billion in savings in the farm bill that's languishing in the house right now. $23 billion a year in deficit sav
. the $800 billion they are offering is not the same as what john boehner offered in 2007. -- is the same as what john boehner offered in 2007. they will not accept any deal that keeps tax rates the same as well. >> thank you. >> thank you. >> you can read his proposal online by going to c-span.org and clicking to the lake. oklahoma congressman tom cole discusses the fiscal cliff negotiations and agrees with suggestions they should join president obama to extend the tax rates for the highest income earners the law professor john buckley looks at the history of the tax, plus your e-mails, phone calls, and tweets. in a few moments, a forum on energy security. in a little less than an hour and a half, 20 years since russia and the u.s. agreed to secure and nuclear weapons in the former soviet states, and a look at proposals but could be negotiations over the fiscal cliff. >> we are at the new york state museum. this is dedicated to the history of september 11 and the attacks at the world trade center. we have established the gallery to tell the story of the first moments of the attack using
in the white house try to ultimately broker a deal between two very different plans. house speaker john boehner's counteroffer, if you take a look at the headlines from this $800 billion in what would be savings from tax reform. so that is new tax revenue. but not done by increasing income tax rate on the wealthiest. but instead by closing tax loopholes, eliminating tax credits. and also $600 billion in health savings. that's what you'd get from entitlement reform. from reforming medicare, and doing some cuts there under this plan. but compare it to the white house plan, very different than what's on the table there. $1.6 trillion in new taxes. that is two times the amount in the boehner plan, and also, of course, includes increasing those income tax rates for the wealthy. $400 billion to medicare and other entitlements, that's $ 00 billion less than in the speaker's counteroffer and this would force congress to give up its debt limit vote which is a nonstarter for house republicans. the white house saying that boehner counteroffer is nothing new, that it lacks specifics. but i will tell you, z
, republican of oklahoma. house speaker john boehner sent his proposal to the white house yesterday. what do you think? >> guest: it is a great opening fire. it makes very tangible what the speaker committed to after the election, which is will put revenue on the table so it's settled them are not talking about how much and what way. it is an enormous step forward either republicans or concessions. not something we want to do, this something we recognize we have to do to get there. second, the speaker's proposal directs us towards what the real problem fire, which are entitlements. as for driving that come you can't pussyfoot around it. you have to have fundamental bill reform. while we like to run and budget may still end that would be the appropriate way to go, the speaker picked up elements of proposals that erskine bowles and senator simpson had made. again in an effort to reach foer. so the speaker needs to get credit for terrific effort and a great opening position but now hopefully will be a discussion. >> host: loopholes and deductions by which the grover norquist pledge to not raise
, the speaker of the house john boehner had a phone call late yesterday, the first call they had in a week. there has not been much in the way of leaks as to what was discussed. most folks on capitol hill may suggest that no leaks means they are getting down to serious movement on finding a compromise to avert the fiscal cliff. because in public the treasury secretary was asked yesterday if the administration is prepared to go over the fiscal cliff. check this out. >> is the administration prepared to go over the fiscal cliff. >> absolutely. we see no prospects for an agreement that doesn't involve those rates going up on the top 2% of the wealthist. remember it's only 2%. >> reporter: most people think a deal will be struck between the president and the speaker of the house, the fact that they are talking and not leaking may be a good sign, jenna. jenna: we'll see. what role has treasury secretary timothy geithner, we just heard from him there, what role has he played in awful all o all of this. >> he's been the public spokesman and delivered the president's plan to capitol hill, which th
. >> how speaker john boehner said right now, we are nowhere in terms of the fiscal cliff negotiation. as the president agree with that assessment? >> no, he doesn't. i think aesop secretary geithner over the weekend. another sunday shows. fairly clearly expressing the president's position to talk about the proposal that the president has pafford and express our belief that there has been progress in that we can achieve a bipartisan agreement. the obstacle remains, at this point, the refusal to acknowledge by republican leaders that there is no deal that achieve the kind of balance necessary without raising on the top 2% of americans, and we look forward to the presentation by republican leaders and their id ideas for spending cuts come as you know. as you know, secretary geithner has pafford a proposal that includes $600 billion in detailed spending cuts in health care and other entitlement programs, and that comes on top of over a trillion dollars in spending cuts as part of the budget control act. and it is contending with our proposals for how to achieve the kinds of revenue from
their own people. >>> president obama and john boehner will talking on the phone about the fiscal cliff. still, there's no real progress. this all comes as another republican says he's willing to break ranks regarding this. tom coburn said that he -- some are looking for a way to save grace as they move in. >>> allison turns reports, hundreds of thousands of california jobs could be lost. alison? >> reporter: and dave, the defense industry projects about 135,000 jobs would be lost in california over the next few years if those tax increases and massive spending cuts kick in at the end of this month. if there's no deal on those, the pentagon was initially told not to plan for the cuts. that's all changed. in the last 24 hours, the pentagon leaders say they are preparing to slice about 10% of the budget. if we go over the fiscal cliff experts predict one in five defense contracts in california could be -- would be lost. both parties say there's still time to reach a deal and avoid those major losses. >> nobody wants to get this done more than me. >> our goal is to make sure this gets reso
on averting the fiscal cliff. negotiations are pretty much at a standstill, but if you ask house speaker john boehner, he has an idea of who's holding things up. >> there are a lot of things that are possible to put the revenue the president seeks on the table. but none of it's going to be impossible. the president insists on his position. insists on my way or the highway. >> in his weekly white house address this morning, president obama responded to boehner's remark. >> i'm willing to make more entitlement spending cuts on top of the one trillion dollars in spending cuts i signed into law last year. but if we're serious about reducing our deficit while still investing in things like education and research that are important to growing our economy, and if we're serious about protecting middle class families, then we're also going to have to ask the wealthiest americans to pay higher tax rates. that's one principle i won't compromise on. >>> holiday hiring may have given a big boost to the jobs report released yesterday. retail hirers hired more people than any month on record since 1939. 146
, matt, savannah, and al. president obama and house speaker john boehner could be off to a fresh start in their efforts to avoid the looming fiscal cliff. the president resumed discussions with boehner on wednesday. however, treasury secretary tim geithner kept up the tough talk telling cnbc the administration would let automatic spending cuts and tax increases take effect if republicans refused to raise tax rates on upper income americans. >>> secretary of state hillary clinton and russia's foreign minister are holding surprise talks today on the deepening crisis in syria. the u.s. is concerned that syrian president assad's regime is on the verge of releasing chemical weapons against its own people. allies want assad to step down to prevent bloodshed. russia is syria's strongest ally. so support for any plan is critical. >>> search and rescue teams are still finding survivors two days after a powerful typhoon bopha struck the southern philippines, but the death toll has climbed beyond 375, and hundreds of people are still missing there. survivors include a 3-year-old child pulled from
this deal done in a week.3 john boehner is waiting on the president, he says he's read hey to meet with the president at any time. we asked the president obama plan on calling the speaker or inviting the speaker to the white house and we haven't gotten a response. what is dumbing this all up is the tax rate increase. >> were not insisting on rates out of spite for any kind of partisan victory. but rather because we need to raise a certain amount of revenue. >> an obsession to raise taxes is not going to solve the problem. what will solve the problem is doing something about the entitlements, taking on wasteful spending in washington. speak up for the fiscal cliff is part of the half trillion dollars in cuts to the pentagon. the defense has been saying we will not plan for sequestration's because they don't want to be cautious because it is like a gun to the head. they're now looking into planning for this because we are getting pretty late, and that may become a reality. back to you. melissa: rich edson, thank you so much. lori: let's continue this discussion. it is going to happen
the house and frankly are not likely to lose the election in the second term presidency. so john boehner is active to be speaker the next four years hopefully this is the beginning of a productive relationship. >> host: you made some news last week -- >> guest: not intentionally. [laughter] >> host: when you said republicans should agree with the president, go ahead and extend the tax cuts for 98% of americans and fight leader on for extending those tax cuts for wealthier americans. given what was put out by speaker boehner yesterday, did that change your position? >> guest: not at all. i think that's the smart thing to do. it's the right thing to do. the two sides agreed that we don't want to raise taxes on 98% of the american people. we should agree to take them out of the line of fire so to speak. i want them to follow the the date. i want them to be engaged in the the date. i think they will come to our side of the date. but if they are worried in the next 30 days their taxes are going to go up, if they don't have a lot of confidence any way, mishandling things, and i think that's wh
john boehner sens the proposal what do you think? >> it is a great opening start makes sarid tangible what the speaker committed to it after the election to the revenue on the table not how much or what way with that is inner misstep by the republicans not something we want to do but what we have to do. the speaker's proposal directs us to real problems that is what drives the debt and you cannot pussyfoot to warsaw office revenue but to have fundamental reform. we like the right and budget this the cure picked up elements of first gambles and i think again in the effort to try to reach across. he needs to get effort to for what will be an active discussion. >> does have violate the pledges to violate taxes? >> it of thing so. keeping tax rates with a hour is the question. you can increase revenue by a more independent system getting away from loopholes. that is something that paul ryan is a leading advocate. i think it is a smart and good proposal if i was pleased to see their pay republican setting off the justice name hopefully the white house knows that means unity. >>host: here i
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